Stock tips

Buy Tata Motors with a target of Rs 1210 and stop loss of Rs 1010, says Varun Daga, technical analyst, on CNBC Awaaz.

Buy KS Oils with a 25% returns in 12 months, says Paras Bothra of Ashika Stock Broking on CNBC Awaaz. Downside is limited in this stock, he adds.

Buy Colgate with a target of Rs 920-925 and stop loss below Rs 835, says Mitesh Thacker, technical analyst, on CNBC TV18.

Todays top pick

Technical Analyst Ashwani Gujral is bullish on Deccan Chronicle Holdings Limited (DCHL), Tata Steel, Infosys, BHEL and Bhushan Steel. He advises investors to buy into these stocks.

Buy Gujarat NRE Coke Target 85 short term.
Buy Hindalco Ltd. Target 175 short term.

Buy Indiabulls Security for Long term Investment views Target Rs. 60.
Amrutanjan Health Care for Long term Investment views Target Rs. 600.
Archidply Industries for short term Investment views Target Rs. 40.
Aarti Industries for short term Investment views Target Rs. 55.

Buy Idea Cellular stop loss 55 - Target 70 short term.

Buy Satyam stop loss 100 - Target 110 short term.

Buy Cairn India at Rs 260-270 with target of Rs 300 and stop loss of Rs 250-255, says Neera Jain, technical analyst, on CNBC Awaaz.

Hold Suzlon Energy with target of Rs 90, says Rahul Mohinder, technical analyst, on CNBC TV18. The stock last traded at Rs 83.05,

Todays' top five picks

Buy Orchid Chemicals with a target of Rs 202 per share and stop loss at Rs 183 per share.

It moved in a narrow range yesterday and broke out. We can buy this with a stop loss of about Rs 183 and target of Rs 202. The other reason to buy it is that the pharmaceutical tends to do well on choppy days.

Buy PNB with a target of Rs 950 per share and stop loss at Rs 925 per share.

PNB is one public sector undertaking (PSU) bank that is continuing to make fresh highs. So you can buy it with a stop of about Rs 925. It could move to levels of Rs 950 and then over the next few days even higher. So this is the strongest PSU bank.

Buy Mastek with a target of Rs 385 per share and stop loss at Rs 341 per share.

Mastek also made a fresh intermediate high. You could buy this with a stop of about Rs 341 and target of Rs 385. These are momentum trade breakouts happening. Some follow-through is expected today.

Buy Zensar Technologies with a target of Rs 323 per share and stop loss at Rs 293 per share.

Overall on the market, we are doing this narrow range of 5,050-5,110 on the Nifty. When you have these narrow ranges at the top of a move it is never a good sign. The correlation between equity and dollar index is breaking down. When this happens, things will change. Hence, people should keep close stops from here.

Buy KPIT Cummins with a target of Rs 120 per share and stop loss at Rs 102 per share.

KPIT Cummins moved in a very narrow range at Rs 100 levels. Yesterday, it suddenly moved up 8-10%. Small IT stocks like Mphasis, BFL and Patni have started doing well. So we could get targets of Rs 120 and keep a stop of about Rs 102. The market is right now a low conviction kind of market. So you have to take that on board when you look at these recommendations.